The prime minister told parliament the sales and service tax already raises 3.2% of GDP, as new borrowing falls but spending on cash aid and fuel subsidies keeps rising.
Morningstar, RBC Capital Markets and others marked down their Nvidia valuations after Jensen Huang resigned, while still expecting AI chip demand to hold up into the Nov. 17 results.
Taiwan's benchmark gave back most of a 3.6% jump in one session and the Kospi ended a two-day rally. Korean analysts say long-term memory contracts limit the damage to Samsung and SK Hynix.
A Fed governor said a quarter-point December increase might not be enough, while Vice Chair Michelle Bowman stressed tighter financial conditions, and the 2-year yield jumped 17 basis points.
The Chinese retailer now controls the owner of more than 1,000 European electronics stores, days before it reports third-quarter results on Nov. 17.
Overseas sales shrank by more than half and online sales in China slumped, deepening a slowdown that first showed in the toy maker's interim results.
Taiwanese projects made up nearly half of the commitments as manufacturing and power drew the most money, while officials said BOI, PEZA and BCDA approvals have reached P1.4 trillion this year.
Growth picked up from the second quarter on manufacturing and exports, while construction shrank and officials flagged weak domestic demand.
KPMG says full-year proceeds could near HK$500 billion as A+H listings and tech issuers fill a pipeline of more than 600 applicants.
Japanese chip stocks rallied ahead of the BOJ and Hong Kong held flat in morning trade, while Samsung's profit miss and a battery stake sale sank Seoul.
The 10-year yield has fallen for three weeks after touching its highest since 2007, but oil and supply worries still hang over the market.
With the Fed and the Bank of Japan both on hold, central bank defenses, export dollars and oil decided which currencies won the month.
Diplomacy in Tehran trimmed oil prices, but attacks on Saudi energy sites and on Hormuz shipping keep a heavy risk premium in place.
India's top court wants full repayment when bank checks fail. Asia's regulators, including Singapore's, should write that default into law and close the gaps savers still fall through.
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A 181 trillion won loss in July shows what a swollen Korean equity stake costs members. The year-end review should keep 20.8% as a ceiling and rule out another pause in rebalancing.
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Fewer than 6% of eligible people use Japan's private pension accounts. Bigger limits help the savers already there; an opt-out default would reach the rest.
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Australia hiked, Malaysia held and Japan's minutes leaned toward faster increases. Each bank should set policy on its own inflation data and let exchange rates absorb the gap.
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The Kimi developer has closed its last private round and lined up banks for a listing as soon as early 2027, Bloomberg reported.
Shipments beat forecasts by more than 10 percentage points, and the annual surplus is on pace to top $1 trillion again.
Investors had bet on a Bolsonaro victory after the first round. Lula's narrow comeback reversed that trade and put Brazil's debt back in focus.
Two days of talks in Beijing pulled both sides back from a trade war, but EV duties stay in place and the hybrid terms remain unpublished.
The world's top LNG exporter has now lined up 7 million tons a year of U.S. gas as force majeure on its own cargoes runs to year-end.
Record September-quarter revenue of $114.5 billion came with inventories more than doubling and a foldable iPhone its suppliers cannot build fast enough.
October sales rose from September as a mortgage subsidy took effect, but only six developers have topped 100 billion yuan this year, one fewer than a year earlier.
The U.S. index fund became the first Korean-listed ETF to pull in 5 trillion won of retail money in a year, as the Kospi jumped 6% and then fell 3.5%.
The flag carrier flew 7.3% more passengers in the peak quarter but kept just 271 million yuan of profit, with China Eastern and China Southern reporting next.
Hong Kong tied New York and Paris with four bars in the top 50, while venues in Bangkok and Seoul climbed into the top 10.
A rebound in US shipments drove a fourth straight monthly gain, while exports to mainland China fell 14.2% on an unfavorable base effect.
Two little-known groups say they plan to bid for up to half of the Stray Kids label. JYP says no valid proposal arrived, and Korea's watchdog is monitoring trading.
Our 6 a.m. HKT briefing on what moved overnight and what to watch when Asian markets open. Weekdays, free.
